Cardero Extends Private Placement Closing
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that they are seeking an extension from the TSX Venture Exchange on closing of the non-brokered private placement of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for aggregate cash proceeds of $2,000,000 as announced on October 17, 2018. All information previously reported as well as the terms...
2018-11-28 4:15 PM EST
Cardero Announces Loan Agreements and Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to announce that it has entered into a facility agreement with E.L. II Properties Trust, Robert C. Kopple trustee (the "Lender") for an unsecured credit facility of US$630,000 (the "Facility") to be advanced in five equal installments of US$126,000 at the end of each month until fully advanced. An initial US$126,000 has...
2018-11-19 8:01 PM EST
Cardero Completes Acquisition of the Zonia Copper Deposit, Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that it has completed acquisition of an undivided 100% interest in the Zonia copper deposit ("Zonia" or the "Property"). Under the terms of the option agreement dated August 27, 2015 (the "Option Agreement"), as amended between the Company and Redstone Resources Corporation ("Redstone"), the Company was granted the right to acquire up to a 100%...
2018-11-01 4:45 PM EDT
Cardero Provides Update on Zonia Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") reports that, pursuant to amending agreements dated September 14, 2017, January 8, 2018 and July 31, 2018 (the "Amending Agreements"), in relation to the option agreement dated August 27, 2015 (the "Option Agreement"), as amended between the Company and Redstone Resources Corporation ("Redstone"), they have further amended the agreement dated October...
2018-10-26 12:44 PM EDT
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") announces a non-brokered private placement of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for aggregate cash proceeds of $2,000,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the...
2018-10-18 9:00 AM EDT
Cardero Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that it has closed the non-brokered private placement as previously announced on August 23, 2018, August 28, 2018 and September 21, 2018 (the "Placement"). A total of 557,428 units (the "Units") were issued under the Placement, in two tranches, at a price of $0.14 per Unit for gross proceeds of $78,039.92. Each Unit consisted...
2018-10-12 4:05 PM EDT
Cardero Announces Second Tranche Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that it has closed a second tranche of the non-brokered private placement as previously announced on August 23, 2018 (the "Placement"). A total of 121,428 units (the "Units") were issued on September 20, 2018, under the Placement at a price of $0.14 per Unit for gross proceeds of $17,000. Each Unit consists of one common...
2018-09-21 6:00 PM EDT
Cardero Announces First Tranche Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that it has closed a first tranche of the non-brokered private placement as previously announced on August 23, 2018 (the "Placement"). A total of 436,000 units (the "Units") were issued on August 24, 2018, under the Placement at a price of $0.14 per Unit for gross proceeds of $61,040. Each Unit consists of one common share in...
2018-08-28 6:42 PM EDT
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) (OTC Pink: CDYCF) ("Cardero" or the "Company") announces a non-brokered private placement for up to 2,142,857 units of the Company ("Units") at a price of $0.14 per Unit for aggregate cash proceeds of $300,000. Each Unit will be comprised of one common share and one-half common share purchase warrant. Each Whole Warrant will entitle the holder to acquire an additional common share...
2018-08-23 1:14 PM EDT
Cardero Provides Update on Zonia Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that it has entered into amending agreements dated September 14, 2017, January 8, 2018 and July 31, 2018 (the "Amending Agreements"), in relation to the option agreement dated August 27, 2015 (the "Option Agreement"), as amended between the Company and Redstone Resources Corporation ("Redstone"). Pursuant to the Option Agreement, the Company was...
2018-08-14 5:14 PM EDT
Cardero Announces Surface Sampling Results at the Ledgend Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces results for surface trenching, sampling and mapping at the Ledgend nickel-cobalt property in south eastern British Columbia ("Ledgend" or the "Property"). Results indicate significant potential for subsurface semi-massive sulphides with the main horizon averaging >1000ppm nickel for 800 metres of strike length, a width of about 250 metres. Ten...
2018-07-25 4:00 PM EDT
Cardero Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that it has closed a final tranche of a non-brokered private placement as previously announced on June 7, 2018, and June 12, 2018 and June 15, 2018 (the "Placement"). An additional 900,000 units ("the "Units") were issued on July 12, 2018 for gross proceeds of $126,000. The total number of Units placed in both tranches was 3,592,714 for total gross...
2018-07-13 8:00 AM EDT
Cardero Announces Continuing Exploration Underway at the Ledgend Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces that continuing surface trenching, sampling and mapping at the Ledgend nickel-cobalt property in south eastern British Columbia ("Ledgend" or the "Property") is well underway. In addition, approximately 90 line kilometres, or 375 hectares, of drone ("UAV") airborne magnetometer geophysics has been flown. Ledgend is one of five properties in the...
2018-07-03 4:55 PM EDT
Cardero Announces First Tranche Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") reports that it has closed a first tranche of a non-brokered private placement as previously announced on June 7, 2018 and June 12, 2018 (the "Placement"). A total of 2,692,714 units (the "Units") were issued on June 13, 2018, under the Placement at a price of $0.14 per Unit for gross proceeds of $376,980. Each Unit consists of one common share in the...
2018-06-15 8:00 AM EDT
Cardero Reports Insider Participation in Recently Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that, pursuant to their news release dated June 7, 2018, announcing a non-brokered private placement for up to 4,285,715 units of the Company ("Units") at a price of $0.14 per Unit for aggregate cash proceeds of $600,000, insiders of the Company are participating for up to 52.5% of the financing. All terms and conditions remain the same as...
2018-06-12 5:00 PM EDT
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2018) - Cardero Resource Corp. (TSXV: CDU) (the Company) is pleased to announce a non-brokered private placement for up to 4,285,715 units of the Company ("Units") at a price of $0.14 per Unit for aggregate cash proceeds of $600,000. Each Unit will be comprised of one common share and one-half common share purchase warrant. Each Whole Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24...
2018-06-07 8:00 AM EDT
Cardero Files Preliminary Economic Assessment Technical Report for Zonia Copper-Oxide Deposit, Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to report the filing of a Preliminary Economic Assessment NI 43-101 technical report titled "ZONIA COPPER PROJECT, NI 43-101 Technical Report, Yavapai County, Arizona USA", effective March 22, 2018 and dated April 17, 2018. The Technical Report and a copy will be filed on SEDAR at www.sedar.com and posted on the Company's...
2018-04-19 12:14 PM EDT
Cardero Files Drill Permit Applications for Northeast Anomaly at the Zonia Copper Oxide Deposit
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2018) - Cardero Resource Corp. ("Cardero" or the "Company") (TSXV: CDU) (FSE: CR5) pleased to announce it has filed drill permits with the Bureau of Land Management (BLM) and the State of Arizona in preparation of a 5000 metre drill programme testing the Northeast Anomaly, on the Company's Zonia Copper Oxide property ("Zonia"), located in Yavapai County, Arizona USA (Figure 1). Cardero also announces receipt of data for a 28...
2018-04-12 6:08 PM EDT
Cardero Engages Market-Maker
Vancouver, British Columbia--(Newsfile Corp. - March 15, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that they have retained Trapeze Capital Corp. to provide trading (market-making) services to the Company with respect the Company's common shares listed on the TSX Venture Exchange (the "TSX-V"). Under the terms of an issuer trading services agreement dated as of March 8, 2018 (the "Agreement"), Trapeze will receive compensation of...
2018-03-15 9:00 AM EDT
Cardero Negotiates Loan from Related Party
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that it has negotiated a loan supported by a promissory note to E.L. II Properties Trust, Robert C. Kopple trustee (the "Lender"), a related party to the Company in the amount of Two Hundred Thousand US dollars ($200,000USD) (the "Note"). The Note will be due at the earliest of June 8, 2018 or the occurrence of an event of default...
2018-03-14 7:47 PM EDT